Common use of Lenders Meeting Clause in Contracts

Lenders Meeting. The Majority Lenders may make written requests to the Facility Agent to convene a Lenders’ meeting to discuss defaults of the Borrower or other matters related to this Agreement. The Facility Agent shall, within fifteen (15) Business Days after receipt of such notice, issue a meeting notice and hold the meeting according to the date stated. When it deems necessary, the Facility Agent may also convene the Lenders’ meeting.

Lenders Meeting. The Majority Lenders Banks may make written requests to request the Facility Agent to convene hold a Lenders’ ' meeting in writing and the Facility Agent may also hold a Lenders' meeting as it deems necessary to discuss the defaults of the Borrower Co-Borrowers or other matters related relating to this Agreement. The Upon the request by the Majority Banks in writing, the Facility Agent shall, shall distribute the convening notice of a Lenders' meeting within fifteen (15) Business Days after receipt of receiving such noticerequest, issue a meeting notice and shall hold the Lenders' meeting according to within ten (10) Business Days after giving the date stated. When it deems necessary, the Facility Agent may also convene the Lenders’ meetingconvening notice.